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What Is WallStreetBets and What Stocks Are They Targeting?
A Breakout Stock Is On The Way (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
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A Breakout Stock Is On The Way (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
This Stock's Getting Attention (Ad)
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DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
A Breakout Stock Is On The Way (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
A Breakout Stock Is On The Way (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
This Stock's Getting Attention (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
A Breakout Stock Is On The Way (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
A Breakout Stock Is On The Way (Ad)
Wall Street builds on gains, heads for 4-week winning streak
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This Stock's Getting Attention (Ad)

Illinois Tool Works - ITW Price Target & Analyst Ratings

$217.46
+4.29 (+2.01%)
(As of 08/12/2022 12:00 AM ET)
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Compare
Today's Range
$213.02
$217.60
50-Day Range
$175.97
$213.45
52-Week Range
$173.52
$249.81
Volume
595,119 shs
Average Volume
1.11 million shs
Market Capitalization
$67.33 billion
P/E Ratio
25.80
Dividend Yield
2.29%
Price Target
$204.00

Illinois Tool Works Consensus Rating and Price Target (2022)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 11 Analyst Ratings

Consensus Analyst Price Target

$204.00
-6.19% Downside
High Prediction$263.00
Average Prediction$204.00
Low Prediction$163.00
TypeCurrent
8/13/21 to 8/13/22
1 Month Ago
7/14/21 to 7/14/22
3 Months Ago
5/15/21 to 5/15/22
1 Year Ago
8/13/20 to 8/13/21
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
5 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
9 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$204.00$213.18$232.00$227.88
Predicted Upside-6.19% Downside4.98% Upside7.67% Upside4.89% Upside
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ITW Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

ITW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Illinois Tool Works Stock vs. The Competition

TypeIllinois Tool WorksIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.00
2.55
2.50
Consensus RatingHoldBuyHold
Predicted Upside-6.19% Downside81.27% Upside13.81% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
586
60.10%
Underperform Votes
389
39.90%
Avg. Outperform Votes
235
62.33%
Avg. Underperform Votes
142
37.67%
Avg. Outperform Votes
840
68.74%
Avg. Underperform Votes
382
31.26%

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/3/2022Citigroup
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 Boost TargetNeutral$191.00 ➝ $210.00+0.26%
8/3/2022Wells Fargo & Company
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 Boost TargetEqual Weight$180.00 ➝ $187.00-10.72%
8/3/2022Morgan Stanley
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 Boost TargetUnderweight$182.00 ➝ $191.00-6.97%
8/3/2022Credit Suisse Group
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 Boost TargetOutperform$225.00 ➝ $229.00+11.76%
8/2/2022Robert W. Baird
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 Set Target$213.00+3.95%
7/18/2022Stifel Nicolaus
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 Lower Target$206.00 ➝ $163.00-9.76%
7/15/2022Jefferies Financial Group
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 Lower Target$235.00 ➝ $195.00+10.81%
7/13/2022Deutsche Bank Aktiengesellschaft
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 Lower TargetHold$229.00 ➝ $189.00+3.36%
7/12/2022JPMorgan Chase & Co.
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 Lower TargetOverweight$255.00 ➝ $215.00+16.42%
7/8/2022Barclays
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 Lower TargetUnderweight$180.00 ➝ $167.00-10.04%
7/8/2022UBS Group
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 DowngradeBuy ➝ Neutral$243.00 ➝ $185.00-0.34%
12/13/2021The Goldman Sachs Group
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 Boost TargetNeutral$239.00 ➝ $263.00+8.33%
10/29/2021Bank of America
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 Lower TargetNeutral$250.00 ➝ $245.00+8.15%
5/5/2021Argus
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 Boost TargetBuy$230.00 ➝ $260.00+10.68%
5/3/2021BMO Capital Markets
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 Boost TargetMarket Perform$225.00 ➝ $235.00+1.97%
1/4/2021Vertical Research
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 UpgradeHold ➝ Buy
10/26/2020Smith Barney Citigroup
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 Boost Target$203.00 ➝ $211.00+6.50%
5/8/2020Northcoast Research
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T. Hayes
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UpgradeSell ➝ Neutral
5/8/2020Gordon Haskett
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 DowngradeBuy ➝ Hold$170.00+8.31%
1/31/2020Cfra
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 Boost TargetSell$146.00 ➝ $157.00-11.37%
(Data available from 8/13/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)












ITW Price Target - Frequently Asked Questions

What is Illinois Tool Works's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for Illinois Tool Works stock is Hold based on the current 2 sell ratings, 7 hold ratings and 2 buy ratings for ITW. The average twelve-month price prediction for Illinois Tool Works is $204.00 with a high price target of $263.00 and a low price target of $163.00. Learn more on ITW's analyst rating history.

Do Wall Street analysts like Illinois Tool Works more than its competitors?

Analysts like Illinois Tool Works less than other Industrial Products companies. The consensus rating for Illinois Tool Works is Hold while the average consensus rating for industrial products companies is Buy. Learn more on how ITW compares to other companies.

Do MarketBeat users like Illinois Tool Works more than its competitors?

MarketBeat users like Illinois Tool Works less than other Industrial Products companies. 60.10% of MarketBeat users gave Illinois Tool Works an outperform vote while industrial products companies recieve an average of 62.33% outperform votes by MarketBeat users.

Is Illinois Tool Works being downgraded by Wall Street analysts?

Over the previous 90 days, Illinois Tool Works's stock had 1 downgrade by analysts.

Does Illinois Tool Works's stock price have much upside?

According to analysts, Illinois Tool Works's stock has a predicted upside of 1.32% based on their 12-month price targets.

What analysts cover Illinois Tool Works?

Stock Ratings Reports and Tools

This page (NYSE:ITW) was last updated on 8/13/2022 by MarketBeat.com Staff

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